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lisa-2i-t-com
December 20, 2024
Question

CC expenses - Payroll (Wages & Salaries)

  • December 20, 2024
  • 1 reply
  • 0 views

I have already created a journal entry for the wages (COGS) and salaries. I now have a CC charge coming thru for the net taken out of the bank account. What is the correct account to use for these charges when they come thru the bank so they don't impact my balance sheet?

1 reply

FishingForAnswers
FishingForAnswers
December 20, 2024

@lisa-2i-t-com  I'm not sure what you're asking, but the only kind of event that won't impact a balance sheet is an event that cancels itself out.


Credit card charges aren't that.

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